Vacation Homes Are Becoming Permanent Homes as Pandemic Lingers
With the COVID-19 pandemic stretching into its ninth month, people across the country are embracing the new … More
Mortgage and Real Estate Trending Topics
Signs of Improvement: Number of Borrowers in Mortgage Forbearance Continues Declining
In the early stages of the pandemic, when job losses were skyrocketing across the country, millions of … More
New Data Suggests Mortgage Industry on Track for Best Year Ever
While much of the economy suffered in the wake of the pandemic, historically low interest rates are continuing … More
Houses Are Flying Off the Market as Buyers Clamber for New Homes
In most years, home sales begin to slow as it gets closer to the end of the year, but that doesn’t seem to be … More
FHA Extends Pandemic Appraisal Rule Changes Through End of 2020
The Federal Housing Administration recently announced that it is extending some of its pandemic-driven rule … More
Fannie Mae Warns of Questionable Sources of Income on Some Mortgages
Fannie Mae is warning the housing industry that there are some questionable sources of income are appearing on … More
These Will Be the Hottest Housing Markets Over the Next Year
Given everything that’s going on in the world these days, predictions about what’s going to happen in the next … More
CFPB extends QM Patch indefinitely
The piece of federal lending law that allows borrowers whose mortgages are sold to Fannie Mae and Freddie Mac … More
FHA unveils new automated underwriting system
For years, lenders across the country used the automated underwriting systems of Fannie Mae and Freddie Mac to … More
FHFA’s Calabria reiterates that Fannie, Freddie refinance fee is coming December 1
The housing industry has just over a month to get ready as Federal Housing Finance Agency Director Mark … More
Here's what to expect in housing for the rest of 2020 and beyond
It's pretty safe to say that this year has been an unprecedented one, for both the country as a whole and the … More
California launching its own mini-CFPB
California will soon have its own version of the Consumer Financial Protection Bureau, as the state recently … More
TRID five years later: CFPB says rule changes mostly worked
Believe it or not, it’s been five years since the acronym TRID became common knowledge for every mortgage … More
Mortgagor vs Mortgagee: Understanding the Key Differences
How much is a mortgage on a $300,000 home? This question presents the perfect … Read »
How New Real Estate Commission Rules Could Affect First-Time Buyers
With "commission decoupling," buyers and sellers will now shoulder the … Read »
Tackling High-Interest Debt: The Power of Mortgage Refinancing
For many homeowners burdened with high-interest debt, finding a way to alleviate … Read »
Understanding Mortgage Insurance: A Guide for Homeowners
What is mortgage insurance all about? This article covers the ins and outs of … Read »